Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-03-10

Robert Garrett, the President Of tle
Baltimore and Ohio RIilrosd, is the son
OF the lated. ". Garrett, who preceded
him in the management of that great
trunk line. Tae Baltimore and OHIO was
built to draw the western trade to 8A.ti-
more. The tra ,e was figerteI from the
Monumental Cigy by the bulldog of the
great canals. Philadelphia aad New
York were receiving the lions share of
the traffic. The first meeting to further
the project IVES called in 1927 ana the
road was opened to Whe, ling in 1853.
The first stone was laid in S28 by Carries
Carroll, one OF the signers OF lhe Dec.&fa-
lion 0! Independence. The houSe of
Robert Garrett & Sons was founded in
lSig and was originally wholesale
grocery house. Here J. W. Garrett re-
ceiyed his commercial education. When
the Baltimore AMI Onio had reacled
Wheeling, its finances were in q GeplOT-
able condition. The house of Garrett <
Sens bought largely of the bonds, which
were offered al low rates. This marks
the first connection of the Garrett family
with the railroad. J. w. Garrett was
made president OF the road in 1858.
enormous price of 1925 per share. The
house of Garrett & Sons still exists as
banking establishment under the man
asement OF Harrison Garrett. Robert
Garrett at the time of his election to the
presidency of the road was thirty-seven
years of age. lie is graduate of Prince
ton College, and has spent several years
in Europe. He has made railroading 6
,i,l
president of the road. He was promoted
to the first vice-presidency, and during
the illness that terminated in the death
of his father was practically at the head
of the gro at corporation. The Baltimore
and Ohio has extensive western c1nnec-
lions, and is continually extending its
lines, The stock is held by private per
sons and it is extremely rare that any OF
it is offered for sale. The Baltimore aud
Ohio Telegraph Company, the only rival
to the Western Union, is u conception OF
Robert CARROTS. He is connected win
4 number OF banks and other financial in
stitUtious. He is OF robust physique
yE'cl enables MIN to p .rform the irksome
duties If his Office without physical il
jIry 0 himself.
TIE BALTIMORE AND OHIO.
NEW YORK, March The Times says
"The Times ia authorized to announce
that control of the Baltimore and Ohio
Railroad Company has passed into the
nands of Alfred Sully of New York. Ne
Gotistious with President X Ibert Garrett
nave been in progress for some time
Yesterday and late into last night there
was al important meeting relstive to the
transaction. To-day Mr. Sully will be
a lie to show in Wall street written con-
tract by virtue of which Mr.. Care tt puts
him in possession. This is the greatest,
and bids fair to be the most influential
railway deal that has taken place in the
country within many years. The posi-
bilities of this new control are beyond
estimation. BY the requirement of the
Baltimore and Ohio Railway, Mr.. Sully
and his friends become controllers of
what is probably the most extensive
railway system in the world. It
stretches from New Y ork almost 10 the ut
teImost parts of the south, and far into the
west. 1t includes the Central Railroad
of New Jersey, the Phi adelphia and
Reading, the Richmond Terminal and the
Richmond and Danville properties, the
East Tennessee, the Virginia and Geor-
gis lines, the Central Railroad of Geor-
gla, ana now, last of all, the Baltimore
ana Ohio; and of all these properties
there is to be made one great trunk line,
with $4,000 miles Of track"
THE NRws RECEIVED AT BALTIMORE.
BALTIMORE, MD, March 9.-Robert
Garrett, President of the Baltimore and
Ohio Railroad Company, was seen to-day,
but mad nothing to say in regard to the
reported arrangement for the transfer of
the control Of that road. The New York
Times containing statement which ap-
pears to be authentic has crested SEN
sation here. There is q conviction here
that if the road shall pass into otner hands
the Express and telegraph system will go
with it. The matter IS discussed Oh eX-
change and street corners, snd while some
approve many condemn the sction.
Mr.. Garrett was seen again later in the
day and the statement in the New York
Times wss resd to him. He still per
sisted that he had nothing to say about
the rumnrad deal. It's stated. no geyer,
by ore to whom Mr.. Garrett talked, that
be used the expression, eve are In New
York; The excitement Increases here